Explain why some critics worry that American multinationals are causing countries around the globe to lose their individual identities. Give an example of the "Americanizing" of the world's cultures
What will be an ideal response?
Student answers will vary. Some critics are concerned because people in diverse countries and cultures throughout the world now regularly use American products and services that have changed their daily habits. For example, most people in China did not drink coffee until Starbucks entered the market, and teens in India watch MTV and ask their parents for clothing and other symbols of American culture.
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To qualify as cash equivalents, investments must be readily convertible to a known amount of cash, so that when cash is needed, the investments can be easily liquidated
Indicate whether the statement is true or false
A cash flow yield of 2.5 times is considered better than one of 2.0 times
Indicate whether the statement is true or false
If an actual discretionary cost is exactly equal to the budgeted level of that cost, which of the following statements is true?
a. Funds were appropriately spent. b. The discretionary activity was efficient. c. The discretionary activity was effective. d. None of the above.
In its initial year of operation, Montoya Manufacturing started and completed 4,000 identical widgets and had 1,000 widgets that were 40% complete in work-in-process at the end of the year. Total production costs for the year were $55,000. What was the equivalent units of production during the year?
A) 4,600 equivalent units B) 5,000 equivalent units C) 4,000 equivalent units D) 4,400 equivalent units